Nearly two years after Takata announced it was subject to a federal criminal investigation related to its handling of shrapnel-shooting airbags, the Japanese auto parts maker is reportedly working to make a deal with the Justice Department to resolve allegations of criminal wrongdoing. [More]
looking for a deal
Uber Reportedly Shrugs Off Idea Of Acquiring Lyft
By 8.22.16
With reports circulating that ride-hailing service Lyft may be looking to sell itself, it makes sense to think of Uber, its most prominent competitor, as a potential buyer. However, it seems very unlikely that regulators would allow this merger, or that Uber is even interested. [More]
Virgin America Reportedly Gets Takeover Bids From JetBlue, Alaska Airlines
By 3.28.16
Well that was fast. Less than a week after Virgin America realized it was a pretty hot commodity and said it would consider putting itself up for sale, the company has reportedly received not one, but two takeover bids from rival airlines. [More]
